Lagos State Internal Revenue Service shuts down 6 companies over tax evasion

The Lagos State Internal Revenue Service (LIRS) has shut down six companies for failing to remit N11.3 million personal income taxes of workers to the state government.
The new Head of the LIRS, Distrain Unit, Ajibike Oshodi-Sholola, told the News Agency of Nigeria (NAN) in Lagos on Friday that the companies were sealed on July 9 during a state-wide tax law enforcement exercise.

The team leader said the affected companies’ tax liabilities were for a period of four years.

Ms. Oshodi-Sholola said the companies affected by the enforcement included hotels, oil and gas firm, micro-finance bank and digital photo laboratory.

She said the enforcement would continue until taxpayers imbibed the culture of voluntary tax compliance, adding that tax evasion was a criminal act.

“Tax payment is a civil responsibility of everyone because that is the only way government can provide the necessary infrastructure for the citizens and also improve their standard of living,” she said.

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